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CNN
Jul 6, 2011 12:00pm PDT
aren't paying as much attention to it, but it has big news over in the uk. hugh grant among a lot of people who say their phones were hacked by journalists. richard, you talked to him, what did he say? >> reporter: it's interesting, you say. the scandal is large, it's growing. the british government today said that there would be a public inquiry when the police are finished investigating. rupert murdoch, who owns the newspaper, by the way, it's this newspaper we're talking about, it's call "the news of the world," the normal rumor and gossip all dressed up with scantily clad ladies. when they started wholesale hacking of voice mail, it went into a different league. particularly, it was celebrities, it was stars, and now it's being dead murdered girl's voice mails and the patient parents of bomb victims and the like. when i talked to hugh earlier today, he said it's time to stop, it's time to say these newspapers, enough is enough. >> well, it began with just personal grievance, because i was a victim of phone hacking. and then i had this extraordinary piece of luck, where i ran i
CNN
Jul 15, 2011 2:00pm PDT
casey anthony, big day. she's getting out of jail on sunday. will you be doing some commentary this weekend? or are you taking this weekend off? >> i may very well, but certainly i'll be talking about it on monday morning. >> have a good weekend, whatever you might end up doing. good to see you as always. thank you so much for being here with me in the cnn news room. i of course will be with you tomorrow and sunday. >>> the president said he's willing to think small if he has to in order to break the stalemate over raising the debt limit. also new apologies from media mogul rupert murdoch. he met with the family of a murdered teenager whose phone was hacked by his now defunct tabloid. there are fast-moving developments in this scandal. it's ungulfing his entire news empire. and as casey anthony prepares to get out of jail on sunday, will she shun the media spotlight or will she try to capitalize on her supposed fame? i'm wolf blitzer. you're in "the situation room." >> president obama back at the bully pulpit for the second time this week to make sure ameripay bill. he went bef
CNN
Jul 22, 2011 12:00am PDT
have a big stake in is apple, of course. steve jobs has done an extraordinary job there. their recent profits were just astronomical again. obviously, they're a big global company, and they've aggressively marketed in countries all over the world. do you think america's doing enough of that? do you think it's time they went back to designing, creating, and building things they can sell to the world exactly as apple is doing so successfully? >> well, clearly, apple is a role model of the american innovation whereby it produced all these products -- ipod, iphone, ipad -- that is really now dominating all the technology arena in the world. clearly, apple is a role model, and i believe the united states, with all its problems, is down but for sure is not out. i hope that an awakening happens in the united states whereby to go back to the roots of the main success of america, which is innovation and encouraging more ideas and more thoughts to be integrated in the u.s. system. >> are you concerned at all about the succession plans at apple given the ongoing situation involving steve jobs' h
CBS
Jul 11, 2011 7:00am EDT
, welcome to "the early show" here on a monday morning. i'm chris wragge. >> and i'm erica hill. >> big sports news this weekend. >> huge. >> you had to seeing it, everybody is talking about it. women's world cup soccer, after one of the most thrilling girls in the history of soccer, penalty kicks, ally krieger. tied up. everyone saying lights out, it's over, they're going over. they tie it up, shoot-out they take it 5-2 over brazil and now in the semifinals. >> they're going to meet france on twewednesday. just fantastic to watch. i love watching the players, how excited they are. brazil no joke when it comes to soccer. >> 12 years to the day after brandy chastain the shirt -- you remember that. >> i do. i do. >>> first we want to touch on yes, the debt ceiling. starting to sound like a broken record. the deadline is looming for raising the debt ceiling. there were more talks at the white house on sunday. still no resolution. president obama told lawmakers be prepared to meet again today and every day until a deal is reached. cbs news senior white house correspondent bill plante has th
CNN
Jul 14, 2011 10:00am PDT
heated yesterday between obama and eric cantor. while they bicker, the big three credit rating agencies are warning the aaa bond status could be at risk. the debt ceiling deadline, as you may know, is august 2nd, but the president set tomorrow for the deadline to see if a grand bargain is possible, if not a bare bones bargain. if not, payments to critters, bill payments, you name it, there is not enough income to cover all that. every month we come up $125 billion short. if we cannot borrow to bridge the cap, 40% of the monthly obligations could not be paid, and that could include social security checks due to go out on august 3rd. the stakes we just laid out are monumental, so both sides have to give ground and risk their jobs for the good of the country. what is so hard about that, right? joining me with their insights on conflict resolution are cnn contributor, pete dominic, and family law attorney, mrs. winestein. what does it take for two entrenched parties to agree on a deal that both need? >> well, you know, the obvious is that you take the emotion out of the room and you try to
CNN
Jul 14, 2011 6:00am PDT
's right. you know, the big point of contention yesterday was with house majority leader eric cantor pushing for this short-term deal or a series of short-term deals. the president, according to democratic sources familiar with the talks, made it clear that that is something he does not support and something he would veto. the president has, for the last few days, and certainly weeks as well, been pushing for the biggest deal possible where it it seemed to get some support. of late, it has not. the president believing if you start talking about the short-term deals, you run into the political season where you negotiate the things all over again. if you can't get this done now, how will you get this done in the thick of the political season? tense discussions yesterday. the president agitated and believing that republicans are using the debt talks to make political points. the president making the point, according to those inside the meeting, that this kind of atmosphere just confirms some of the worst fears that americans have about the way washington works. >> well, yeah. the way wa
CNN
Jul 14, 2011 3:00am PDT
shutdown in minnesota. >> that's the part -- no beer. >> big problem. a lot of beer that won't be on the shelves. >>> the president's right-hand man on jobs. jeffrey immelt talks about how they plan to get america working again unchlgth fire under fire. >> gunfire all around us. we are rushing out of this area. with dha and essential nutrients also found in mother's milk. purina puppy chow. right now, go to priceline for a sneak peek at recent winning and better than ever! hotel bids to find where you n save up to 60% on hotels. * we'll even email you other people's winning bids, so you'll know what price to name. *á with new hotel bid alerts, from priceline. >>> welcome backing to "american morning." all enemies of india possible suspect this morning after three bomb blasts rocked the country's largest city during rush hour yesterday. 18 people were killed. that's down from 21. and now yesterday, 131 are wounded. officials say these attacks were coordinated by terrorists. but there have been no arrests. india is denying that they were -- missed any warning signs. >> the fac
ABC
Jul 15, 2011 7:00am PDT
" that is the perfect song for summer. >> we've got another beautiful day at central park. another big crowd gathering. can't wait to get to that. >>> we also have a lot of news this morning. let's get right to that collision on the taxiway in boston last night. hundreds of passengers evacuated after the wing of a delta jumbo jet clipped the tail of another jet just months after a similar collision here in new york and abc's lisa stark is tracking this overnight. good morning, lisa. >> reporter: good morning, george. well, it was two delta flights, both loaded with fuel. ready for takeoff. one rams into the other. it could have been much worse. this photo taken from inside the 767 clearly shows the damage. the wing tip of the jumbo jet sliced apart. the tail of the regional plane badly mangled. >> people were freaking out. the girl next to me was right by the wing was ying. and was trying to jump out of the emergency exit for a little bit. >> everybody said, what happened? >> reporter: it was still light out, around 7:3030ast night when the planes collided. the regional jet apparently turned on to a t
CBS
Jul 11, 2011 12:00pm EDT
appear to be far apart. the big sticking point is taxes. the president says any agreement must include revenue increases but republicans are fiercely opposed. >> to get a big package would require a big tax increases in the middle of the economic situation that is extraordinarily difficult with 9.2% unemployment. it is a terrible idea. it is a job killer. >> reporter: if no deal is reached by the august 2nd deadline, the u.s. may not be able to borrow money to keep the government running and could default on its massive loans. >> if they don't act, then we face catastrophic damage to the american economy. >> some republicans favor cutting spending by $2 trillion. they accuse the obama administration of scare tactics, claiming the u.s. has the money. it will not default and that there is no reason to panic. tara mergener, for cbs news, the white house. >>> both sides are scheduled to meet later today. >>> well, the national debt may be a topic that many americans are glossing over. but it affects each of us. surae chinn wanted to know if you knew what the consequences are if no deal is
FOX News
Jul 17, 2011 9:00am PDT
. where is casey anthony at this hour? that is the big question that people want the answer to. the lawyers were successful disguising where she went in the overnight hours. even the press not able to keep up with her. cameras shooting this video of casey anthony walking out of the front doors of the orange county jail at 12:11. wearing pink me low shirt, hair in a bun and the primary defense attorney jose baez right by her side. they got in a motorcade, a gray suburban, a cream colored tahoe and white follow-car and drove directly from the location to a bank of of america building in downtown orlando, not far from here, where her other attorney has an office. they went in covered parking garage and pulled a bait and switch. the suv never emerged from the parking garage, but others cars did and it's not clear which one that casey anthony was in. we can tell you around the same time there was police activity across town at a private airport. a private plane was fuelled up and ready to go on the runway, but nobody saw casey anthony boarding the aircraft. officials telling us it w
CNN
Jul 14, 2011 12:00pm PDT
a moment ago, l.a. is gearing up for gridlock. you might be thinking, well, what's the big deal? it's l.a. they are used to gridlock on their highways. but this is different. they are calling it carmageddon, and it's set to begin soon. but first, let me give you a update on where we are with the debt negotiations going on in washington, d.c. at 4:15, that's a little more this an hour from now, the talks are set to resume right there at the white house. now, it was this time yesterday we told you that these talks were getting a bit testy. the two sides, why not be getting testy, are under pressure of an august 2nd deadline to get a deal to raise the debt ceiling or risk a u.s. government default on its bills. well, last evening we are told things became even more testy, extremely heated. we'll get to more on that in just a moment, but first an extremely urgent call within the past half hour from the treasury secretary himself. take a listen. >> the eyes of the country are on us, and the eyes of the world are on us, and we need to make sure we stand together and send a definitive signal t
CNN
Jul 18, 2011 2:00pm PDT
. >> announcer: this past year alone there's been a 67% spike in companies embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. >>> jack cafferty is here with the cafferty file now. people can watch you stream on a mobile device, an ipad, jack. this is great. >> i have no idea what that means. but i'll trust you. >> it's really good. >> republican congresswoman michele bachmann is a rising star of sorts in a lacklustre to say the least field of gop candidates who hope to challenge president obama next year. bachmann came out on top in three separate polls of likely iowa republican voters last week. go figure. my shael bhaukman's husband marc marcus runs a christian counseling business. former clients say he encourages homosexual patients to try to change their sexual orientation, or at least oppress it. it's called pray away the gay. in an interview, marcus bachm
PBS
Jul 15, 2011 5:30pm PDT
opportunity to do something big. >> suarez: but after five straight days of talks with congressional leaders, president obama conceded today something big remains elusive. >> we are obviously running out of time. and so what i've said to the members of congress is that you need, over the next 24 to 36 hours, to give me some sense of what your plan is to get the debt ceiling raised through if they show me a serious plan, i'm ready to move, even if it requires some tough decisions on my part. >> suarez: the president had previously insisted on extending the debt ceiling through 2012 past next year's election. but after thursday's talks, he settled for asking congressional leaders to review three options with their members. the first-- the so-called "grand bargain" that mr. obama favors-- would cut deficits by about $4 trillion dollars, including spending cuts and new tax revenues. a medium-range plan would aim to reduce the deficit by about half that amount. the smallest option would cut betwn $1 trillion and $1.5 trillion dollars without increased tax revenue or any medicare and medicaid cuts
FOX
Jul 15, 2011 6:00am PDT
this morning on the big screen. we are live at moffett field and we are going to listen if on the press conference maybe ask a few questions and we'll have more for you at 6:45. reporting live jade hernandez. >>> commuters in the south bay who use the valley transportation authorities light rail system can stay connected on the go. the vta says free 4g wi-fi is now available on all of its light rail trains. the transit agency has been testing the service for about a week and it plans to expand the wi-fi service to its express buses by early next year. >> a lot of people will like that. >>> let's get you going out the door. tara, how is the bay bridge toll plaza look something >> the metering lights usually go on within next 20 minutes. there is only a slight back up in the cash only lanes. right now this is a live look. you can see it's not too bad as you make your way into san francisco. in marin county this is a live look at 101 near the 580 split. and in the east bay traffic in antioch on the bottom portion of your screen heading westbound to pleasant hill is getting a little congest
CNN
Jul 13, 2011 2:00pm PDT
, this backup plan could be left as the last option standing. but the big question is always, wolf, will it pass the house? can it pass the house? and this seems to be another example of just how divided the republican party is on this issue. >> yeah, it's a huge, huge division right now. going forward, this debate, we'll see what happens. kate, thanks very much. let's check in with jack right now. he's got the "cafferty file." >> despite that nasty game of chicken going on in washington over raising the debt ceiling. congressional leaders in both parties pretty much agree that doing it is going to be necessary. the argument is over what else goes into the bill that's tying them up and bringing the country dangerously close to defaulting on some of our loans. according to a new poll, 40% do not want the debt ceiling raised and they want their members of congress to vote against any measures that raise it. only 22% want their lawmakers to vote for raising the debt ceiling. and more than 1/3 of americans say they're just not sure. when asked which is a greater concern, 51% say raising the debt cei
CNN
Jul 18, 2011 12:00pm PDT
when a big storm blows through and the entire stage collapses. we're going to talk to a man who was standing behind the drummer taking pictures when this whole thing happened. stay right there. lutions from d, every patient file is where dr. ling needs it. now she can spend more time with patients and less time on paperwork. ♪ dell. the power to do more. when an investment lacks discipline, it's never this obvious. introducing investment discipline etfs from russell. visit russelletfs.com r a prospectus, containing the investment objectives, risks, charges, expenses and other information. read and consider it carefully before investing. >>> the take away seems to be less than a dozen people had mostly minor injuries. so, david frye is cheap trick's manager, he's still standing behind there in ottawa. david, i know you were onstage, were you behind the tropicaler taking pictures, you described this as complete pandemonium, talk to me about it, what were you thinking? >> basically we were told a storm was coming in and they kind of prepped the stage for that, got a lot of people
NBC
Jul 21, 2011 7:00am PDT
of the program in just a little while. >> then a big scare in north carolina's outer banks. a 6-year-old girl attacked by a shark in a foot and a half of water. her mother was just a few feet away. luckily, this little girl survived and we'll be there live in just a little while. plus some important health advice for women. a new recommendation about when and how often you should get a mammogram, but it's confusing. it contradicts another recommendation that came out a year and a half ago. what are women to do? dr. nancy snyderman will be here to help us sort all of it out. >>> let's begin with the dramatic end to the space shuttle program. tom costello is at the kennedy space center. you had a front row seat. what was it like? >> it was a dramatic day and an emotional day for everybody here and it is not over. america's space shuttle program, 30 years ongoing since 1980, '81, actually is how in the history books. "atlantis" came down at 5:57 eastern time, it was its 33rd mission. in all, it's trekked 25 million miles, 327 days in orbit and at 5:57 this morning it came on rest on runway 15. h
CBS
Jul 11, 2011 5:30pm PDT
trying to do something big. >> reporter: the president said he understands boehner's control of the republican house is limited. >> i think he's a good man who wants to do right by the country. i think that it's a... as chip alluded to, the politics that swept him into the speakership were good for a midterm election; they're tough for governing. >> reporter: but it's time, the president said to put politics aside and make some tough decisions. >> it's not going to get easier, it's going to get harder. so we might as well do it now. pull off the band-aid. eat our peas. >> reporter: scott, the president said that failure to reach a deal could lead to another recession that could be so deep that millions more americans could lose their jobs. >> pelley: chip, stay with us as we go over to nancy cordes on capitol hill. nancy, john boehner, the republican speaker of the house, pushed back today. >> reporter: scott, speaker boehner was not swayed by the president's call for a compromise on taxes. >> the american people understand that tax hikes destroy jobs. the last thing we shoul
CNN
Jul 12, 2011 5:00pm EDT
when negotiations with the taliban move forward and it also may have very big repercussions for the u.s. effort in the south. people called president hamid karzai's brother a corrupt gangster. but the cia's former head of counterterrorism says the u.s. may miss him. >> it's quite like live that what follows is going to be something that will not work to our interest. >> reporter: an afghan official says he was gunned down in his own home, shot in the head and chest by his own guard. the taliban took credit, but it's not clear if the shooter was really working for them. >> the united states condemns in the strongest possible terms the murder of president karzai's half brother in kandahar. >> a u.s. official said quote, while we must deal with ahm ahmed wali karzai, he's widely understood to be corrupt and narcotics trafficker. the state department and u.s. military were trying to build trust in the afghan government. they frequently criticized ahmed wali, but the cia worked with him. >> i think often parts of the u.s. government were working at cross purposes where ahmed wali was conce
PBS
Jul 21, 2011 2:30pm PDT
. but it remains to be seen whether there will be a big enough reduction in great that for that to happen, and whether they have managed to build a fire wall around greece. >> do you think this deal is just another sticking plaster? >> i think it will be difficult for this deal completely to save greece. it is not clear, because we are not seeing all the details. the reduction in debt that private debt holders are expected to take is not that big. it is a reduction of 20% in the net present value. unless the official debt is good to come in with gigantic amounts of money -- greece is going to still have a giant debt burden. it is difficult because the greek growth rate is not high and the government has trouble collecting taxes. unless greece suddenly becomes much more productive and competitive, it is likely they will have to come back and do another debt reduction further down . >> is this bailout ultimately political by leaders who want to save the eurozone, red and economic? >> when it comes to saving the eurozone, the two are intertwined. you could be more cynical and say it is to do
NBC
Jul 21, 2011 7:00am EDT
while. >>> a big scare in north carolina's outer banks. a 6-year-old girl attacked by a shark in a foot and a half of water. her mother was just a few feet away. luckily, this little girl survived. we're going to be there live in just a little while. >>> plus, important health advise for women, new recommendation on when and how often you should get a mammogram. it's confusing. it contradicts another recommendation that came out a year and a half ago. what are women to do. dr. nancy schneiderman will be here to sort it out. >>> let's begin with the dramatic end to the shuttle program this morning. tom costello is at the kennedy space center. you had a front row seat, what was it like? >> it was a dramatic and emotional day here. and now it's over. the space shuttle program ongoing for 30 years since '81 is now in the history books. "atlantis" came down at 5:37 eastern time. "atlantis" tracked 307 days in orbit. it came to rest on runway 1-5. the sights and sounds as "atlantis" came in for a landing. >> landing gear down and locked. having fired the imagination of a generation, a ship li
CNN
Jul 13, 2011 5:00pm PDT
to look at it. if i can dial out for a minute and give you a big picture perspective, despite this tit for tat and all this political spinning going on, there is still a meeting scheduled at the white house tomorrow, as far as we san antonknow, all sides are planning to come here and they will be discussing detailed spending cuts and for the first time, this discussion of tax changes. will there be revenue on the table, a major controversial issue. despite all this, there could still be potential progress towards one of these deals tomorrow. we'll see. >> you answered my last question. we'll check back with you later on. they might want to start with decaf tomorrow. >> let's go to our top story now. this is an important thing for all of us to be aware of. this in-depth look at the rupert murdoch scandal as it begins to reverberate in america. we thought it might and indeed it has. murdoch withdrew his bid for bskyb amid the most disturbing allegations that emerged. according to a british paper, journalists from the news of the world approached a new york private investigator to buy pho
ABC
Jul 17, 2011 8:00am PDT
's more restraint in order. he made it clear for a big deal, there will have to be balance between revenue and spending. the question is how much can we get done? the president's view is clear. we have to get as much done as we can to give assurance to the market and american people that we have our fiscal house in order. >> if you have to predict, what is the deal that will get done to avoid a deadline, potential catastrophe as we're calling it? >> i think the minimum, i believe the debt will be extended. notwithstanding, the voices of a few willing to play with armageddon, responsible leaders in washington, are not. our efforts over the next days is, in addition to that, do as ch as we possibly can to make the tough decisions. this is a question of leaders coming together and saying, we are going to do hard things on both sides. and the time is now, as the president said, if not now, when. >> jack lew, thank you very much for joining us. >> thank you indeed. >> and the parties in a bit of a cooling off period after a contentious series of white house meetings at one point tempers flared
PBS
Jul 15, 2011 6:00pm PDT
the measure. >> there are so many big problems, especially in my age group. we have to rethink the entire system. >> with this austerity program, when is our economy going to grow again? this economy will never grow again. >> some economists say the measures will dampen growth. something had to be done. it today's overall debt is among the highest in europe. markets will keep a close eye on the country until the austerity measures start showing results. >> european stocks slid on a friday and posted their biggest weekly loss in four months. the german benchmark index closed in positive territory. across the atlantic, the dow jones industrial managed to close the day in positive territory. the euro is trading with $1 at $1.46. barack obama has warned that time is running out on raising the a limit the -- raising the limit on the amount of debt the u.s. can have. a decision is needed to avoid a possible default in early august. billy could mean a rise in interest rates in- -- failure could mean a rise in interest rates. more news with brian thomas. >> western and regional powers have given
PBS
Jul 21, 2011 4:00pm PDT
. >> it is not as big as a risk associated with drinking alcohol or being overweight which are things you can do something about. >> of this study adds to their understanding. >> now to the phone hacking scandal which rocked the british establishment have led to an fbi investigation. senior former employees have accused james murdock of being mistaken in one of his answers to the select committee of parliament earlier this week. rupert murdoch got a boost when a saudi prince that was the largest share of the company outside of the murdoch family voiced his support. nick, tell us, news corp shares are up for the first time in about two weeks. but the independent directors have hired their own lawyer. or why? >> we are getting mixed signals from the board. they have hired lawyers to protect shareholder value and to guard against maybe their own exposure. there have also been some reports that some of the more independent directors are thinking about ways in which rupert murdoch could give up his title of ceo at the company. this is a board that he controls pretty firmly. >> who is on the board? >>
CNN
Jul 16, 2011 3:00am PDT
. >>> and this is an ipad for $69. the big mistake that had people thinking they had gotten the bargain of the year. >>> i want to start with another apology today. this from rupert murdoch. responding to the hacking scandal from the u.k. what this shows you, this tape, it is murdock going into a meeting with the family of the murdered british teenager. it was that teenager's hacked voice mails that sparked the outrage into the scandal. listen. >> shame on you. shame on you. shame on you. shame on you. >> mr. murdoch, will you tell us what you said to the family? >> if you just keep silent for a minute. it was a totally private meeting. >> keep your head down, mate. >> i'm the founder of the company. i was appalled to find out i apologize. i have nothing more to say. >> nothing more to say at that moment. he did have more he went on to say. murdoch posted an ad in several british newspapers. he said, "we are deeply sorry for the hurt suffered by the individuals affected." the news of the world was in the business of holding others to account. it failed when it came to it self. rebekah brooks oversa
FOX News
Jul 14, 2011 11:00am EDT
's the big question, right? >> looking at the influence of the freshmen today, in general they believe and have very involved local voters to back them up that they were elected in 2010 with a mission to, reign in big government, specifically big government spending, and this debt ceiling debate fits right into that. here's more from one freshman tea partier. >> it would allow the debt ceiling to go up, but only if we had significant cuts, statutory caps and balanced budget amendment and there's a growing movement with that. we met with leadership, we met with majority leader eric cantor and were trying to impress upon them that we need to be for something as republicans, we need to define what we're for. >> senator paul says this is a fight, quote, too important to give up. jon. jon: what kind of influence do the new members have, though? >> well, republicans are in the minority and the senate, so less there, but in the house they're in the majority and tea partiers, or those who agree with the tea party on fiscal issues, among the 87 how freshmen have not been shy about staking their
CBS
Jul 13, 2011 5:30pm PDT
and ended their talks on the so-called big deal, so cut the debt by $4 trillion over a decade, which he said the two men had been discussing since january. a republican source posted the -- close to the negotiate says the deals are producing little progress at this point. the white house says the president did not abruptly leave the room, he simply made his views very clear on the need to compromise, stood and said see you tomorrow. >> mitchell: chip reid, thank you very much. senior business correspondent anthony mason is here now. let's go back to the news from moody's. what exactly does that mean? >> moody threatened to do this last month. today the rating agency cited its concerns that the debt limit will not be raised on a timely basis, leading to a default on a u.s. treasury obligation. in moody's words, the risk of a short-lived default was small but rising. standard and poors put u.s. credit on negative outlook back in april citing the same concerns. this is basically another warning shot, russ, telling congress they're running out of time. >> mitchell: how soon could all this happen
CBS
Jul 19, 2011 7:00am EDT
this morning. big story here. we're going to look at a nuclear plant in tennessee called watts bar where a recent federal inspection found more than 40 significant problems. 40. it is a crucial issue, especially after japan's recent nuclear meltdown. one critic says regulators are gambling with people's lives. we're going to hear more from armen keteyian in this investigation. >> something you don't want to miss when you think about the future of this country's energy policy. but we begin with britain's tabloid scandal, and an unprecedented day for the owner at the center of it. rupert murdoch faces questioning by british lawmakers, who want to know more about cell phone hacking, police payoffs, and other alleged wrongdoing by reporters at his newspapers. cbs news correspondent elizabeth palmer is in london outside the house of parliament with the latest. good morning, liz. >> good morning. the murdochs are going to appear in about 2 1/2 hours from now. technically, at a session of the commons committee on culture, media and sports. but i'll tell you, in atmosphere it's much more like a
CBS
Jul 19, 2011 4:00pm EDT
stronger than expected earning result from big companies like ibm and coca- cola. the company said it sold more drinkers around the world in the second quarter. but goldman sachs, fell short of expectations in earnings because of stock declined and bond trading revenue. the bank cfo say it will likely lay off about 1000 employees. president obama said there has been some progress in negotiations over the nation's debt ceiling. the president praised the proposal by a bipartisan group who say their agreement on a plan that will cut the deficit by more than $4 trillion. the deadline is august 2. shares of news corporation rose today after son rupert murdoch and son james testified today. murdoch said he didn't know his company paid out big sums of phone hacking victims. and pittsburgh steelers running back rashard mendenhall is suing for $1 million in damages after champion sports apparel dropped his deal about tweet about osama bin laden. that's your money watch. >>> imagine riding a bike from city to city helping habitat for humanity build several homes. that's one group of riders has done
CSPAN
Jul 20, 2011 11:00pm EDT
for the tabloids. host: what about the broadsheets? guest: it is known occasionally. there was a big scandal about mp's expenses last year, which came from information that is the voice of -- information that is the will serve and got on a computer disk. my newspaper paid for that because they thought it was in the public interest. that is a rare instance of a broadsheet paper paying for information. for the tabloids, we call it checkbook journalism. salacious information about a night out on the town with a celebrity or pop star or encounters with celebrities. that culture has grown and become more insidious over the past 20 or 30 years. host: how would you describe, to help put it in perspective -- by the way, we will put the numbers on the screen as we continue this conversation about the phone hacking investigation in the u.k. prime minister cameron spoke this morning at a problem about it and we carry that live on c- span -- spoke this morning in parliament about it and we carry that live on c-span2. we carry rupert murdoch and rebekah brooks yesterday and we will speak about that. how do you
CNN
Jul 14, 2011 8:00am PDT
to a default or to a downgrade. suzanne? >> that's a big deal. alison, it's been really hot. really, really hot this summer. what if your favorite drink disappeared from the stores. here's what is happening in minnesota. their budget crisis might actually turn into a beer emergency for some folks. a beer emergency. because the state has shut down and nobody is there to renew the permits and blue moon, you name them, so, you know, that's what they are dealing with there. you might have to switch to buzz wiser. i don't know what you drink. what do you drink? >> i'll go right to the hard stuff. to tequila. >> oh, geez, that's not supposed to be the solution here. go to the hard stuff. we'll see what happens. we will see what happens. but that's just one of the many things that we're looking at when we talk about this economic crisis that is turning into a beer emergency. alison, don't do that hard stuff. >> all right. okay. >>> here's a reminder to vote for the story you'd like to see. you can cast your vote by texting 22360. text 1 for crack down on china, homemade guns flooding on to the streets
CNN
Jul 15, 2011 10:00am PDT
. is that realistic at this point. >> well, in terms of getting that big agreement, it looks highly unlikely at this point, but certainly as you pointed out, the president joking that his campaign was built on hope and change. it will be interesting to see if that hope will also win out in this debate. but, look, what the president is pushing for still is the biggest deal possible. he acknowledged, though, that it's hard to do that, but nonetheless, he has been telling congressional lawmakers during negotiations all this week that if they can't get the biggest deal possible to attack the problem of the debt and the deficit over the long term, then they should still be ambitious. >> we are obviously running out of time, and so what i have said to the members of congress is that, you need over the next 24 to 36 hours to give me some sense of what your plan is to get the debt ceiling raised through whatever mechanisms they can think about and show me a plan in terms of what you're doing for deficit and debt reduction. if they show me a serious plan, i am ready to move. even if it requires some
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